Dragon Global Investors, a San Francisco-based global equity longshort fund launched last year, plans to significantly increase its portfolio allocation to Asia. Hinson Ng, Dragon's CIO, says that Asia currently makes up about 30% of the portfolio, but will quickly rise to 40%.
Global growth has returned in a sustainable way and Asia is well poised to benefit from this he says. We see Asia picking up on the export as well as the domestic demand side.
Ng sees the regional financial services industry as one of the main beneficiaries of Asian growth and will be investing in the region's quality banks. The boost in mainland tourism to Hong...
